PLATINUM2023

Tracy Interfaith Ministries

TRACY, CA   |  http://www.tracyinterfaith.org
GuideStar Charity Check

Tracy Interfaith Ministries

EIN: 94-3150638


Mission

We provide food and clothing to low-income and homeless individuals and families in Tracy, California

Ruling year info

1992

Principal Officer

Carrie Grover

Main address

P.O. Box 404

TRACY, CA 95378 USA

Show more contact info

EIN

94-3150638

Subject area info

Free goods distribution

Food aid

Food banks

Population served info

Economically disadvantaged people

Homeless people

Low-income people

NTEE code info

Food Banks, Food Pantries (K31)

Food Service, Free Food Distribution Programs (K30)

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Grocery Distribution

We give five days' worth of food every two weeks to our housed clients and three days' worth of food every week to our clients experiencing homelessness.

Population(s) Served
Economically disadvantaged people
Homeless people

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Average number of service recipients per month

This metric is no longer tracked.
Totals By Year
Population(s) Served

Ethnic and racial groups, Economically disadvantaged people, Sex workers

Related Program

Grocery Distribution

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Number of food donation partners

This metric is no longer tracked.
Totals By Year
Related Program

Grocery Distribution

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Total pounds of food rescued

This metric is no longer tracked.
Totals By Year
Related Program

Grocery Distribution

Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Number of low-income households who have received utilities assistance

This metric is no longer tracked.
Totals By Year
Population(s) Served

Economically disadvantaged people

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Estimated dollar value of clothing and household goods donations

This metric is no longer tracked.
Totals By Year
Type of Metric

Input - describing resources we use

Direction of Success

Increasing

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Our goal is to feed and clothe the needy while envisioning a society where every family can care for their own needs.

1. Attract and retain more consistent volunteer staff

We lost a lot of volunteers at the start of the pandemic and we are still trying to rebuild our core staff. We plan to more actively recruit at local churches, schools, and community groups to find at least 6 people willing to commit to working one 4-hour shift once a week in the clothing area, pantry, or warehouse.

2. Work more effectively with other local non-profits
In an attempt to avoid duplication of services and better provide resources for our clients, we need to coordinate with other local non-profits as much as possible. We can better utilize online referral systems to track client needs and communicate with our community partners.

3. Identify and maximize funding opportunities
We have a very generous community! We intend to grow our donor base by encouraging more ongoing donations and by seeking out more funding opportunities from corporations and foundations. We also plan to establish an endowment with the Community Fund of San Joaquin to ensure the long-term financial viability of Tracy Interfaith.

4. Complete a capital improvement project
In an effort to create safer, more secure premises, we plan to build an extension of our volunteer parking lot behind our building. This new space will be behind gates for added security and provide easy, safe access to our building for our volunteers. This project will also allow trucks to more easily maneuver behind our building to drop off large donations.

Financials

Tracy Interfaith Ministries
Fiscal year: Jul 01 - Jun 30
Financial documents
2021 Tracy Interfaith Ministries 2020 Tracy Interfaith Ministries
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023 info

SOURCE: IRS Form 990

151.07

Average of 117.27 over 10 years

Months of cash in 2023 info

SOURCE: IRS Form 990

5.9

Average of 11 over 10 years

Fringe rate in 2023 info

SOURCE: IRS Form 990

9%

Average of 2% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Tracy Interfaith Ministries

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Tracy Interfaith Ministries

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Tracy Interfaith Ministries

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Tracy Interfaith Ministries’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2019 2020 2021 2022 2023
Unrestricted surplus (deficit) before depreciation $32,438 $155,015 $97,561 $129,522 $77,882
As % of expenses 4.0% 20.0% 21.0% 18.2% 8.7%
Unrestricted surplus (deficit) after depreciation -$17,128 $99,302 $47,984 $79,795 $27,538
As % of expenses -2.0% 12.0% 9.3% 10.5% 2.9%
Revenue composition info
Total revenue (unrestricted & restricted) $842,038 $960,063 $531,839 $840,763 $969,712
Total revenue, % change over prior year 18.3% 14.0% -44.6% 58.1% 15.3%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.0% 0.1% 0.1% 0.1% 0.1%
Government grants 2.8% 0.0% 0.0% 0.0% 0.0%
All other grants and contributions 96.8% 99.4% 99.1% 99.8% 99.3%
Other revenue 0.4% 0.4% 0.8% 0.1% 0.6%
Expense composition info
Total expenses before depreciation $809,600 $775,048 $464,278 $711,241 $891,920
Total expenses, % change over prior year 17.2% -4.3% -40.1% 53.2% 25.4%
Personnel 0.0% 0.0% 0.0% 4.2% 4.3%
Professional fees 0.0% 0.8% 1.3% 0.9% 0.7%
Occupancy 4.5% 11.1% 17.4% 11.8% 11.9%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 76.0% 70.1% 76.2% 77.6% 79.1%
All other expenses 19.5% 18.0% 5.0% 5.4% 3.9%
Full cost components (estimated) info 2019 2020 2021 2022 2023
Total expenses (after depreciation) $859,166 $830,761 $513,855 $760,968 $942,264
One month of savings $67,467 $64,587 $38,690 $59,270 $74,327
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $926,633 $895,348 $552,545 $820,238 $1,016,591

Capital structure indicators

Liquidity info 2019 2020 2021 2022 2023
Months of cash 6.3 9.5 17.6 12.9 5.9
Months of cash and investments 6.3 9.5 17.6 12.9 11.6
Months of estimated liquid unrestricted net assets 6.9 9.4 18.1 13.8 11.9
Balance sheet composition info 2019 2020 2021 2022 2023
Cash $425,214 $615,486 $680,556 $765,539 $435,338
Investments $0 $0 $0 $0 $428,628
Receivables $0 $0 $0 $12,000 $0
Gross land, buildings, equipment (LBE) $1,783,995 $1,798,516 $1,798,516 $1,788,309 $1,804,490
Accumulated depreciation (as a % of LBE) 27.2% 30.1% 32.8% 34.6% 37.1%
Liabilities (as a % of assets) 0.6% 0.3% 0.6% 0.3% 0.3%
Unrestricted net assets $1,762,746 $1,862,048 $1,910,032 $1,989,827 $2,017,365
Temporarily restricted net assets $0 N/A N/A N/A N/A
Permanently restricted net assets $0 N/A N/A N/A N/A
Total restricted net assets $0 $30,000 $0 $0 $0
Total net assets $1,762,746 $1,892,048 $1,910,032 $1,989,827 $2,017,365

Key data checks

Key data checks info 2019 2020 2021 2022 2023
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Letter of Determination is not available for this organization
Form 1023/1024 is not available for this organization

Principal Officer

Carrie Grover

Number of employees

Source: IRS Form 990

Tracy Interfaith Ministries

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Tracy Interfaith Ministries

Board of directors
as of 01/19/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Renee Reece

Organizational demographics

SOURCE: Self-reported; last updated 10/20/2021

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data